Greek lawmakers approved late Tuesday the multi-bill of the required milestones, the counter-measures and the 2018-21 medium-term fiscal strategy, thus paving the way for the conclusion of the second review and the release of the much-needed cash which will enable Greece to meet its bond redemptions in July. Moreover, the vote of the measures is expected to facilitate a roadmap for medium-term debt relief measures. The bill was backed by all the 153 lawmakers from the Syriza -Independent Greeks coalition.

“We are expecting, and we deserve, from the Eurogroup meeting on Monday, a decision for a resolution of the Greek debt, one that corresponds with the sacrifices of the Greek people,” Prime Minister Alexis Tsipras told lawmakers on Thursday.

For his part, leader of conservative New Democracy party Kyriakos Mitsotakis reiterated his calls for early elections, saying that “the fourth memorandum is all yours.”

The multi-bill contains austerity measures worth some 4.9 billion euros for the years of 2018-21, which will result mainly from cuts in pensions and the reduction of the tax-free personal income threshold. The so-called “counter-measures” which will come from both the revenue and the expenditure side, will be triggered in case Athens outperforms its fiscal targets.